Australia's Guarantee of Origin Scheme: Empowering the Renewable Hydrogen Industry
Key Ideas
- The Federal Government of Australia is seeking feedback on the new rules for the Guarantee of Origin Scheme to support the certification of renewable hydrogen, marking a critical step towards decarbonization.
- The Guarantee of Origin Scheme will offer detailed provenance certification for low-emission products and renewable electricity, facilitating trust, attracting investments, and enhancing the competitiveness of Australia's low-emission products.
- Certificates under the scheme will demonstrate how products were made and the emissions associated with their lifecycle, enabling businesses to verify the origin and emissions of their products, thus aiding in the transition to a cleaner energy sector.
- The scheme, set to go live in 2025, will play a pivotal role in qualifying for government programs like the Hydrogen Headstart program and the Hydrogen Production Tax Incentive, positioning Australia as a renewable energy superpower and a clean industry powerhouse.
The Federal Government of Australia is making significant strides in supporting the renewable hydrogen industry through the development of the Guarantee of Origin Scheme. This scheme, serving as an emissions accounting system, aims to certify the detailed provenance of low-emission products and renewable electricity, with a particular focus on certifying renewable hydrogen as the first product class. By providing transparency on how products are made and the emissions involved in their production lifecycle, the scheme is expected to build trust, attract investments, and enhance the competitiveness of Australia's low-emission products.
The Guarantee of Origin Scheme will introduce Product Guarantee of Origin (PGO) and Renewable Electricity Guarantee of Origin Scheme (REGO) certificates, empowering producers, exporters, and consumers to demonstrate the origin and associated emissions of their products, as well as enabling users to make verifiable claims to renewable electricity use.
Through the ongoing consultation process, stakeholders are invited to provide feedback on various aspects of the scheme, including the methodology determination for Product GO, regulations on cost recovery charges, and the approach to energy storage systems for renewable electricity certification. Federal Assistant Minister for Climate Change and Energy, Josh Wilson, emphasizes the scheme's importance in driving Australia's transition to a renewable energy superpower, creating high-value jobs, and aiding the nation in meeting its net zero goals.
With submissions open until 18 July 2025, the Federal Government is actively engaging with industry stakeholders, businesses, and the community to ensure the successful implementation of the Guarantee of Origin Scheme as a fundamental component of Australia's future in renewable energy and clean industry sectors.
Topics
Certification
Renewable Energy
Energy Transition
Job Creation
Emissions
Industry Growth
Government Initiatives
Consultation
Product Certification
Latest News